Pearl Global Industries Ltd Hits Intraday High with 17.16% Surge on 3 Feb 2026

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Pearl Global Industries Ltd recorded a robust intraday performance on 3 Feb 2026, surging to a day’s high of Rs 1917.35, marking a 17.16% gain. This strong upward movement outpaced both its sector and the broader market, reflecting significant trading momentum in the garments and apparels space.
Pearl Global Industries Ltd Hits Intraday High with 17.16% Surge on 3 Feb 2026

Intraday Trading Highlights

The stock opened sharply higher with a gap-up of 20%, signalling strong buying interest from the outset. Throughout the trading session, Pearl Global Industries Ltd maintained its upward trajectory, consistently trading above its key moving averages – including the 5-day, 20-day, 50-day, 100-day, and 200-day averages – underscoring sustained positive momentum.

At its peak, the share price touched Rs 1917.35, representing a 20% rise from the previous close. This intraday high was accompanied by a day change of 17.16%, significantly outperforming the textile sector, which itself gained 9.78% on the day. The stock’s performance also eclipsed the Sensex, which closed down 2.79% after losing momentum post a gap-up opening.

Sector and Market Context

The garments and apparels sector, where Pearl Global Industries Ltd operates, showed notable strength with a 9.78% gain, buoyed by selective buying across textile-related stocks. Despite the broader market’s retreat, with the Sensex falling by 1,377.93 points to close at 83,945.27, Pearl Global Industries Ltd’s share price demonstrated resilience and outperformance.

While the Sensex remains 2.64% below its 52-week high of 86,159.02 and is trading below its 50-day moving average, the 50DMA itself is positioned above the 200DMA, indicating a longer-term positive trend. Mega-cap stocks led the market gains, but Pearl Global Industries Ltd’s small-cap status did not deter its strong intraday showing.

Performance Metrics Over Various Timeframes

Examining Pearl Global Industries Ltd’s recent performance reveals a consistent pattern of outperformance relative to the Sensex. The stock’s one-day gain of 15.99% far exceeded the Sensex’s 2.68% rise. Over the past week, the stock surged 35.70%, compared to the Sensex’s modest 2.44% increase. The one-month and three-month performances also highlight the stock’s strength, with gains of 12.56% and 40.64% respectively, while the Sensex declined by 2.23% and 0.15% over the same periods.

Longer-term returns remain impressive, with a one-year gain of 39.02% against the Sensex’s 8.64%, and a three-year return of 936.06% dwarfing the Sensex’s 37.82%. Over five and ten years, Pearl Global Industries Ltd has delivered returns of 1971.83% and 1515.03% respectively, compared to the Sensex’s 66.85% and 246.16%.

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Mojo Score and Rating Update

Pearl Global Industries Ltd currently holds a Mojo Score of 65.0, reflecting a Hold rating as of 3 Feb 2026. This represents a downgrade from a previous Buy rating issued on 8 Jan 2026. The company’s market cap grade stands at 3, indicating a mid-tier market capitalisation within its sector.

The rating adjustment suggests a recalibration of the stock’s outlook based on recent performance and market conditions, despite the strong intraday gains observed today. The Mojo grading system provides a comprehensive assessment of quality, valuation, and momentum factors, which are integral to understanding the stock’s current standing.

Trading Action and Moving Averages

Technical indicators reinforce the stock’s positive momentum. Trading above all major moving averages – from short-term 5-day to long-term 200-day – signals robust buying interest and a bullish trend. This technical strength is particularly notable given the broader market’s mixed performance.

The stock’s outperformance relative to the textile sector and the Sensex highlights its leadership within the garments and apparels industry on this trading day. The 20% gap-up opening further underscores the intensity of demand for the stock in early trading hours.

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Summary of Market Conditions

On 3 Feb 2026, the broader market experienced volatility with the Sensex initially opening 3,656.74 points higher before retreating by 1,377.93 points to close at 83,945.27. Despite this pullback, mega-cap stocks led gains, and the overall market remains close to its 52-week high.

Within this environment, Pearl Global Industries Ltd’s strong intraday performance stands out as a notable exception, reflecting sector-specific strength and focused trading activity in the garments and apparels industry.

Conclusion

Pearl Global Industries Ltd’s intraday surge to Rs 1917.35, a 17.16% increase, highlights significant trading momentum and sector outperformance on 3 Feb 2026. The stock’s ability to maintain gains above key moving averages amid a mixed market backdrop underscores its current technical strength. While the Mojo rating has shifted to Hold, the stock’s performance today remains a clear highlight within the garments and apparels sector.

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